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AoP Podcast: Direct Spend Management and the Ultimate Darwinian Sport w/ LevaData CEO, Keith Hartley

February 22, 2023

Listen to this Art of Procurement podcast episode as Philip Ideson and Keith Hartley, LevaData's CEO, discuss the following:

  • The current state of direct material sourcing
  • How procurement and engineering teams can foster greater collaboration to everyone's benefit
  • How leading companies are using increased data visibility to differentiate their decision-making - even in chaotic times

Episode Summary

In this episode, LevaData CEO Keith Hartley discusses direct spend management and its role in what he calls the ultimate Darwinian sport. Learn about the strategies and technologies that are reshaping procurement and spend management.

Key Takeaways

- The significance of direct spend management in modern businesses

- Strategies for effective spend management

- The role of technology and data in transforming procurement

- Insights from Keith Hartley's experience and expertise

Timestamps

- 00:00 - Introduction

- 02:15 - Keith Hartley’s Background

- 05:30 - Understanding Direct Spend Management

- 10:00 - Strategies for Effective Spend Management

- 15:45 - The Ultimate Darwinian Sport: Competitive Procurement

- 20:00 - Technological Advances in Spend Management

- 25:00 - Future Trends and Predictions

- 30:00 - Conclusion and Key Takeaways

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